Beverly Hills, CA
The Beverly House, the iconic estate that was the former residence of William Randolph Hearst, Marion Davies , and the honeymoon hideaway of Jacqueline and John F. Kennedy, is back on the market, this time as a $600,000 a-month rental! Formerly listed for sale for $95 million and then for rent at $500,000 a-month, the home is now demanding more for anyone who wants to call this iconic and storied residence home.
Worth the price? You can’t put a price tag on history and infamy, so let’s look at the numbers. The estate has 17 bedrooms, 27 bathrooms and sits on 3.7 acres, just three blocks away from Sunset Boulevard. The mansion also has a nightclub, a cinema, a living room with 22-foot ceilings, two tennis courts, a 75-foot-long pool and an outdoor seating terrace that can host 400 sit-down guests. The property also has two separate guest houses and a two-bedroom apartment.
In 2012, the property was listed at $95 million. A massive sum, but much less than the $165 million it was listed for in 2007. According to the LA Times, the Beverly House’s current owner, Leonard M. Ross, purchased the mansion in the 1970’s and refurbished and expanded the estate, including buying back the adjacent property which was sold off after Hearst’s passing in 1951. Recently, Mr. Ross ran into financial difficulty and filed for bankruptcy protection, thus prompting his desire to sell or lease out this prized property.
Images via the MLS.